While digital transformation has been on the anvil for many finance leaders for quite some time, the global pandemic has necessitated an accelerated shift. The recent Everest Group Global CFO Survey 2020, supported by WNS, revealed that ~50% of CFOs are immediately focused on increasing the adoption of digital technologies to improve productivity, customer experience, compliance, and control.
As studies prove, with increased adoption the opportunities & risks associated with the digital business environment both increase exponentially. For finance to evolve into an efficient and effective digital enterprise, more real-time use of data upfront in the process will have to fuel intelligent and connected systems.
Customer peer panel: Achieving policy compliance across financial systems
Leadership through transformation